This Aggregate Demand and Supply and LRAS video also includes:
Learn about the "most important graph in all of macroeconomics: aggregate demand and aggregate supply". Here, an economics instructor explains how wages, resource prices, and supply are all affected within shifting aggregate curves.
7 Views 2 Downloads CCSS: Adaptable
- Link to video on your website as a tool for learners to use for review, or as a way of summarizing other reading/notes on the subject
- Class members should understand the concept of full employment and shifting supply and demand graphs before beginning video
- Reiterates concept of basic demand curve in order to illustrate aggregate demand
- Main instructional points appear at bottom of screen throughout the video